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Ramp, ramp, ramp.... LOL
Ramp, ramp, ramp.... LOL
IMO YinYang and HAZRAT see this as more of an intellectual battle with those that are positive (& invested) on this board. All posted to date seem to be trying to justify ones self and include a lot of ‘i’ this, or ‘i told you’ that. Bottom line is no one knows and events change fast... it’s a matter of having neutral tone, regardless of the opinion. Suggest u both take the above onboard and stop annoying everyone on this board. By all means crack on and give your opinion in a legitimate way, but I for one am sick of looking through this seeing petty talk. You wouldn’t be posting here if you were some sort of ‘Warren Buffett’!
How do you know so much in depth detail about RRE's veins? Bit strong to say it has no future!!! Did you read the last RNS potential tonnage stats?
IMO
1) China ban should mean an increase (substantial) in REMs prices which has a big effect on RRE's profitability
2) RRE is taking steps to ramp up production, the new funding will help, it will get better long term IMO
3) RRE is undervalued at present and the value to REM is only being more noticed globally
4) Pouroulis has a long history of doing these kind of deals, have confidence in him
5) Potential for a take over
People have realised this is still a loss making company at the moment and the trade war hype is just hype. So just taking profits from buying low.
IMO to get this back up there needs to either be more hype in the form of an actual REM block from China, or the company itself needs to start turning a profit. The prior, short term waves. The later, longer term change which is very possible. IMO the current price is v cheap when taking a long term view. But it will be volatile.
Ok so the main factor is the Price of REM's hiking because of trade tensions. But RRE still has production capacity issues? I see how that can cause a spike, but is that enough to warrant this level of spike and is it enough to let RRE start to turn a profit.
Hi all,
Interested to hear views on why the company had its drop from 20p in the past and why this trade war news should have such a large impact on the shareprice? If nothing has changed fundamentally, seems like this price jump was due a fall.